January 22,
2025
Vancouver, British
Columbia
Wheaton Precious Metals Recognized
by Corporate Knights as one of the 2025 Global 100 Most Sustainable
Corporations
Vancouver, British Columbia -
Wheaton Precious Metals™ Corp. ("Wheaton" or the
"Company") is pleased to announce that it has today been named to
Corporate Knights' 2025 Global 100 Most Sustainable Corporations
list.
With Corporate Knights' stated focus
on responsible behaviour and sustainable revenue generation, a
significant component of determining the Global
100 score considers the impact of Wheaton's streaming business on
the clean economy and the responsible business practices of
Wheaton's mining partners. Corporate Knights rated Wheaton highly
for a range of key performance indicators at the corporate level,
including pay linked to sustainability, CEO-average worker
pay and gender and ethnic diversity on the board
of directors.
"We are proud to be recognized for
our commitment to excellence in ESG practices both in our own
offices and alongside our mining partners, who have a strong track
record in responsible mining," said Randy Smallwood, President and
Chief Executive Officer of Wheaton. "We have an incredible team at
Wheaton and are advancing our work with
mining partners to deliver the commodities our society needs.
Although we do not manage mining operations, ESG
is an important factor in our due diligence process for new
streaming opportunities and once a stream is in place, we
collaborate with our mining partners on a number of
sustainability-related initiatives."
"As the leading precious metals
streaming company, Wheaton is committed to financially supporting
climate solutions and clean technology for mining operations,"
continued Smallwood. In September 2024, Wheaton announced the
launch of its inaugural
Future of Mining Challenge, an
initiative that seeks to support the mining industry to become more
efficient while minimizing its environmental impact.
Through the Future of Mining
Challenge, Wheaton has invited cleantech companies from around the
world to submit and propose industry solutions. The winner of the
challenge will be awarded US$1,000,000 to continue to advance their
technology and will be announced during the PDAC Convention in
Toronto, the world's largest annual mining conference.
Corporate Knights' 2025 ranking of
the world's 100 most sustainable corporations is based on a
rigorous assessment of over more than 8,300 public companies with
revenue over US$1 billion. Wheaton will be included in the Global
100 Index, which represents a benchmark for sustainability
excellence. The company was also recently named by Corporate
Knights as one of the 2024 Best 50 Corporate Citizens in
Canada.
To learn more about Wheaton's
sustainability approach and commitments, visit the website
at: www.wheatonpm.com/Sustainability.
About Wheaton Precious Metals Corp.
Wheaton Precious Metals is the
world's premier precious metals streaming company, providing
shareholders with access to a high-quality portfolio of low-cost,
long-life mines around the world. Through strategic streaming
agreements, Wheaton partners with mining companies to secure a
portion of their future precious metals production. Committed to
responsible mining practices, Wheaton employs industry-leading due
diligence practices with a goal of unlocking long-term value for
shareholders while supporting the broader mining industry to
deliver the commodities society needs through access to capital.
Wheaton's shares are listed on the Toronto Stock Exchange, New York
Stock Exchange and London Stock Exchange under the symbol WPM.
Learn more about Wheaton Precious Metals at www.wheatonpm.com
or follow us on social media.
For further information:
Investor Contact
Emma Murray
Vice President, Investor
Relations
Tel: 1-844-288-9878
Email: info@wheatonpm.com
Media Contact
Emily Hamer
Director, Communications
Tel: 778.999.3176
Email: emily.hamer@wheatonpm.com
Cautionary Note Regarding Forward
Looking-Statements
This press release contains
"forward-looking statements" within the meaning of the United
States Private Securities Litigation Reform Act of 1995 and
"forward-looking information" within the meaning of applicable
Canadian securities legislation concerning the business, operations
and financial performance of Wheaton. Forward-looking statements,
which are all statements other than statements of historical fact,
include, but are not limited to, statements with respect to
sustainability commitments and targets by Wheaton and at mineral
stream interests currently owned by Wheaton (the "Mining
Operations"). Forward-looking statements are subject to known and
unknown risks, uncertainties and other factors that may cause the
actual results, level of activity, performance or achievements of
Wheaton to be materially different from those expressed or implied
by such forward-looking statements including (without limitation)
risks related to the ability to achieve sustainability commitments
and targets at both Wheaton and the Mining Operations and other risks discussed in the section entitled
"Description of the Business - Risk Factors" in Wheaton's Annual
Information Form for the year ended December 31, 2023 and the risks
identified under "Risks and Uncertainties" in Wheaton's
Management's Discussion and Analysis ("MD&A") for the year
ended December 31, 2023, both available on SEDAR+ and in Wheaton's
Form 6-K filed March 14, 2024, all available on EDGAR.
Forward-looking statements are based on assumptions management
currently believes to be reasonable, including (without limitation)
that sustainability commitments and targets at both Wheaton
and the Mining Operations will be achieved, there will be no
material adverse change in the market price of commodities, that
estimations of future production from the Mining Operations and
mineral reserves and resources are accurate, that the mining
operations from which Wheaton purchases precious metals will
continue to operate, that each party will satisfy their obligations
in accordance with the precious metals purchase agreements, and
that Wheaton's application of the CRA Settlement is accurate
(including the Company's assessment that there will be no material
change in the Company's facts or change in law or jurisprudence for
years subsequent to 2010) and possible domestic audits for taxation
years subsequent to 2016 and international audits.
